Bugerov, just to clarify (albeit I'm sure you understood what I meant) in my opinion it is more likely to hit £2 than £4 as of today. I trust that answers your first query. Separately, and in answer to your second query... "So, whilst you can't prove it, I suspect like many others I would be very interested in your reasoning behind the imminent disaster for this company." (your words) My answer is that, generally speaking, if you consider a 20% fall in any share price a "disaster" then I would recommend that you get prepared for the worst. No further reasoning required. Shares go up and down.
Jason31, not a stupid question at all but imo very unlikely to reach £4 anytime soon. More likely to dip below £2 very soon but please don't ask me to substantiate this!
I've traded this share for well over 15 years and from my experience it's all about timing - and luck.
My post of Jan 2022 re 1 year SP movements was:
Rincon down 50% over the past year to 0.14 AUD., Charger metals up 150% over the same period. Rogue Baron illiquid(?), Eagle Mountain up 50%. Speculative buy?!
however,
Further SP changes over the last 6 months to 08/08/2022:
Rincon down a further 30% to 0.099 AUD., Charger metals down a further 36% over the same period. Rogue Baron down 75%+ over the same period, Eagle Mountain down a further 63% over the same period.
Salaries alone were over £250k p.a.
SP at Sept 2021 2.10.
SP at Aug 2022 0.50 (tops).
SP at Jan 2022 ???
A very sorry situation.
And possibly a company name change in the near future to do away with/replace the 'tobacco' aspect? (not that I'm averse to the inclusion of any reference to tobacco in the company name myself!)
Sixtynine, thank you for sharing your thoughts on this matter. I would be very interested to learn of any other wants of repair etc that you may be aware of at Smiths Stoke depot. Have any of repair works you mention been remedied? I would expect a full repairing & insuring lease to be in place for each and every depot across the country.
How on earth have you managed to make, in your own words a 'substantial profit' if, again in your own words 'managed to get a large number off these shares over the years and have just sat on them.'
I'd love to know how you achieved this!